Web3, also known as the decentralized internet is a term used to describe the next generation of the internet that aims to create a more open, decentralized, and user-centric digital ecosystem. It is built on decentralized technologies like blockchain, distributed ledgers, and smart contracts.
Web3 disrupts traditional industries by enabling decentralization and peer-to-peer interactions that remove the need for intermediaries., enabling significant opportunities for startups.
Web3 startups are at the forefront of technological innovation, working on groundbreaking solutions to improve privacy, security, and user autonomy in the digital world.
By investing in early-stage Web3 startups, 01 Capital can take advantage of potentially high returns on investment as these companies grow and mature.
Web3 envisions interoperability between various networks, protocols, and applications that can seamlessly interact with each other, enabling new use cases and promoting innovation.
Web3 and the Metaverse
Web3 and the metaverse are closely related concepts, as both aim to create decentralized and immersive digital experiences. The metaverse is an expansive virtual environment that enables users to interact with each other and digital assets through avatars, virtual reality, and other immersive technologies. Web3 technologies, like blockchain and decentralized applications, can serve as the underlying infrastructure for the metaverse.